Packetfront Inc. completes acquisition of DynamicCity

AUGUST 7, 2007 -- PacketFront (search for PacketFront), provider of open-access broadband networking, today announced its U.S. subsidiary, PacketFront Inc., has completed its acquisition of DynamicCity (search for DynamicCity), the operational force behind the UTOPIA (search for UTOPIA) initiative.

"This acquisition is about taking the best thinking in North America on open access broadband and public broadband initiatives and combining it under one roof," asserts Matt Wenger, president of PacketFront Inc. "Our most important product is our customer's success, and we all know that technology alone does not guarantee that. With the addition of the DynamicCity team, we can now offer the local experience, knowledge, and capacity our clients need to design, finance, build, manage, and market large-scale, successful open access networks."

Keith Wilson, former CEO of DynamicCity and now vice president of asset management for PacketFront Inc., concurs. "We are very enthusiastic about joining with PacketFront," he says. "They have what are undisputedly the best tools and systems for managing open, multi-provider networks. Combined with our asset management experience and capabilities, we can deliver the premier turn-key solution for open networks in the marketplace. It is a positive move for us and our customers," he notes.

"PacketFront's acquisition of DynamicCity is a truly exciting development for the UTOPIA network," adds Paul Morris, executive director of UTOPIA, Utah's 14-city municipal open access fiber network. "Adding PacketFront's open access technologies and global experience to DynamicCity's proven track record of outstanding network operations and asset management is just great news for us and our subscribers. We're looking forward to taking our customer's network experience to the next level with this world-class organization."

Partners of both companies will benefit as well, as the acquisition enables PacketFront to expand on its opportunities aggressively, say company representatives. "A successful open network is built on the work of tens if not hundreds of companies," explains Wenger. "Both PacketFront and DynamicCity have long treasured our strong relations with our finance, design, engineering, and construction partners, other technology vendors, and of course the service providers of data, voice, video, and other innovative applications that make our open networks so successful and unique. We look forward to growing these strategic relationships further with our accelerating expansion."

The company says it will integrate its operations in North America over the next several months, with the Utah office emerging as the primary operations center and the new Denver location serving as the management and sales office.

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